Dragon Capital Exits Major Shareholding in PVS

Vietnam Oil and Gas Technical Services Corporation (PVS) announced that Dragon Capital sold 650,000 PVS shares through two member funds on May 9, 2025. As a result, its ownership percentage decreased from 5.03% to 4.89%. Based on the closing share price, Dragon Capital earned approximately 17.29 billion VND. Additionally, PVS plans to hold its annual general meeting on May 29, 2025, discussing results from 2024 and plans for 2025. In Q1 2025, PVS reported net revenue of 6,013.7 billion VND, a 62.1% increase year-over-year, but net profit slightly declined. Total assets reached nearly 35,208.5 billion VND, with total liabilities at 20,174 billion VND.

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